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Intel increases dividend by 10%

Posted on Thursday, March 20 2008 @ 15:34:38 CET by

Good news for Intel shareholders, the chip maker today announced it will increase its quarterly cash dividend by 10 percent, to 14 cents per share.
The dividend will be payable on June 1, 2008 to stockholders of record on May 7, 2008.

"The strength of Intel's competitive position combined with our solid financials allow us to again reward Intel shareholders with an increase in the quarterly dividend," said Craig Barrett, Intel chairman. "Intel's dividend yield remains one of the highest in the technology industry and has returned nearly $12 billion to shareholders since 1992."



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